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CM Mock Test 20 

Mock Test  :  RMG Student Exclusive :        
Total Marks 100

Please do not refersh or reload this page

10/21/2017 10:46:52 AM

Total Questions  60
 

Pass Marks is 55%

Time Left : 00:00:00 Hrs

 


Question 1 :Security sigma means the ______ of the security computed as at the end of the previous trading day [Mark 1]





Question 2 :The user order value limit once set by the CM can be revised during trading hours [Mark 1]



Question 3 :The risk that arises if parties do not discharge their obligations fully when due or at any time thereafter is called as [Mark 1]




Question 4 :Mr Shah has decided to deposit Rs 300000 in the bank annually If the bank has a policy of continuous compounding and the prevailing interest rate is 12 percent how much would his deposit grow upto in 3 years [Mark 2]





Question 5 :Mr Desai has decided to deposit Rs 100000 in the bank annually If the bank has a policy of continuous compounding and the prevailing interest rate is 11 point 5 percent how much would his deposit grow upto in 2 years [Mark 3]





Question 6 :On pay out day the securities are delivered to the respective receiving members [Mark 1]



Question 7 :Auction Square Up Debit Statement This report gives details of unsanctioned deliveries that are squared up by the Exchange [Mark 1]



Question 8 :In a basket trading the orders are created for the selected portfolio of securities according to [Mark 1]



Question 9 :Penalty Points at the beginning of the first settlement period of each 1 1 1 month will be [Mark 1]



Question 10 :One of the Custodial Trade Reports is the [Mark 1]





Question 11 :The On Line Backup can also be taken without logging into NEATCM [Mark 1]



Question 12 :If a Client code is modified of more than 5 instances what is the penalty point awarded to them [Mark 3]





Question 13 :Two buy orders enter into the system and are unmatched 1st 200 shares at the rate Rs 72 point 75 at time 30 pass 10 am 2nd 300 shares at the rate Rs 72 point 80 at time 31 pass 10 am Which order will get a priority for getting executed [Mark 1]





Question 14 :Portfolio created in Portfolio List can be used for basket order entry also [Mark 1]



Question 15 :Which stock can be termed as Group 3 stock [Mark 3]




Question 16 :Two sell orders enter into the system and are unmatched 1st 200 shares at the rate Rs 72 point 75 at time 30 pass 10 am 2nd 300 shares at the rate Rs 72 point 70 at time 31 pass 10 am Which order will get a priority for getting executed [Mark 1]





Question 17 :Market movement Screen can not produce any movement chart for [Mark 3]





Question 18 :Margin Required in Group II stocks is [Mark 1]




Question 19 :Penalties are charged to members for [Mark 3]





Question 20 :In case of Trade Cancellation and Trade Modifications the new quantity requested must be [Mark 3]




Question 21 :Gross exposure aggregate of cumulative net outstanding positions in each security at any point of time of a member shall not exceed [Mark 3]




Question 22 :Fixed Deposit Receipts issued by approved banks can be submitted as a _________ to NSCCL by trading members [Mark 1]





Question 23 :No untriggered stop loss order will be displayed on the MBP screen [Mark 1]



Question 24 :NSCCL has an alarm set for Gross Exposure breaching; the level for such alarms are set as [Mark 2]




Question 25 :Statement 1st An active buy order matches with the best passive sell order if the price of the passive sell order is less than or equal to the price of the active buy order And Statement 2nd An passive buy order matches with the best active sell order if the price of the passive buy order is less than or equal to the price of the active sell order Which of the above statements is True [Mark 2]





Question 26 :CB means [Mark 2]




Question 27 :Bank Gurantee can be treaded as cash if the gurantee is given by a Bank [Mark 3]




Question 28 :The stop loss orders are prioritized in the stop loss book with the [Mark 1]





Question 29 :The user can set up a maximum of 30 securities in one page of the market watch screen [Mark 1]



Question 30 :Trading is permitted in the security listed under No Delivery period [Mark 1]



Question 31 :For liquid securities the VaR margins are based on the ___________ of the Security [Mark 2]





Question 32 :Informations such as as Market By Price and Previous Trades and Outstanding orders and Activity Log and so on are available on [Mark 1]




Question 33 :An application for arbitration can be filed within __________ from the date of dispute [Mark 2]





Question 34 :A stock broker shall not encourage sales or purchases of securities with the sole object of generating brokerage or commission Is the above statement True or False under the Code of Conduct Guidelines prescribed under SEBI Stock Brokers and Sub brokers Regulations 1992 [Mark 2]



Question 35 :A feature in NEAT Trading System that allows the user to disallow the use of the [Mark 1]





Question 36 :Which of the following functions a branch manager can perform on the NEAT system [Mark 1]





Question 37 :One of the requirements for admission to membership on the NSE is to pass an on line examination under NSEs Certification in Financial Markets [Mark 1]



Question 38 :When a user logs in for the first time he has to enter the default password [Mark 2]





Question 39 :How many depositories are there in India [Mark 1]





Question 40 :A portfolio contains securities with the expected return as security A and Probability 30 and Return 10 And security B Probability 40 and return 12 And security C and probability 30 and return 15 than What will be the expected return of the portfolio [Mark 1]





Question 41 :SURCON is that period after market close during which the users have [Mark 3]





Question 42 :What does OM indicate as an activity in the Activity Log screen in the NEAT system [Mark 1]





Question 43 :An advertisement released by a trading member can contain a recommendation regarding purchase or sale of any particular share or security of any company [Mark 2]



Question 44 :The period when a trading member can commence the trading activity is known as [Mark 1]




Question 45 :If a client buys shares worth Rs 125000 and sells shares worth Rs 75000 through a sub broker then the maximum brokerage payable to him is [Mark 2]





Question 46 :can be traded in the Limited Physical Market [Mark 1]





Question 47 :Termed assigned to users at the lower most level of the hierarchy [Mark 2]




Question 48 :Contract note is signed by the [Mark 1]





Question 49 :Securities and funds pay out takes place on __________ working days after the trade date [Mark 2]





Question 50 :The facility to set Branch Order Value Limits and User Order Value Limits is available to [Mark 2]




Question 51 :Which of the following is not true about Mark to Market Margin? [Mark 1]





Question 52 :Auction is held in PQR for 10000 shares and The closing price of PQR on that day was Rs 259 and The last traded price of PQR on that day was Rs 254 and The close price of PQR last Friday was Rs 255 and The previous days close price of PQR was Rs 264 than What is the maximum allowable price at which the member can put a sell order in the auction for PQR Assume Price Band applicable for Auction market is plus minus 20 percent [Mark 3]





Question 53 :Main advantages of Automated Trading System is or are [Mark 2]





Question 54 :Auction settlement is done in [Mark 2]





Question 55 :The following facility allows the user to have a drop down list of client codes at the account field [Mark 2]





Question 56 :A client shall make payment for securities purchased to the trading member [Mark 2]





Question 57 :Auction settlement is done in [Mark 2]





Question 58 :100 share of Reliance Ltd are purchased on Monday Provided there are no holidays in between settlement should take place on [Mark 2]





Question 59 :Auction is held in PQR for 10000 shares The closing price of PQR on that day was Rs 149 The last traded price of PQR on that day was Rs 144 The close price of PQR last Friday was Rs 145 The previous days close price of PQR was Rs 154 What is the maximum allowable price at which the member can put a sell order in the auction for PQR Assume Price Band applicable for Auction market is plus minus 20 percent [Mark 2]





Question 60 :The NSCCL is responsible for post trade activities [Mark 1]